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The Financial Express

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Soaring import payments widen trade gap further

Soaring import payments widen trade gap further

Siddique Islam 2018-04-16 09:40:30

The country's overall trade deficit widened further in the first eight months of the current fiscal year (FY) 2017-18 mainly due to higher import payments against lower export receipts, officials sa...

Prime Bank plans to double its retail, SME financing by 2021

Prime Bank plans to double its retail, SME financing by 2021

Siddique Islam 2018-04-16 00:35:23

Prime Bank Limited (PBL) has planned to double its financing in retail as well as small and medium enterprises (SMEs) sectors for minimising risks and diversifying portfolios by 2021. Under the new p...

Muhith leaves Dhaka to join IMF-WB meetings

Muhith leaves Dhaka to join IMF-WB meetings

-- 2018-04-15 22:33:18

Finance Minister AMA Muhith left Dhaka for USA on Sunday to attend the Springs Meetings of the International Monetary Fund (IMF) and World Bank Group in Washington DC. An Emirates Airlines flight car...

Construction sector to witness double digit growth

Construction sector to witness double digit growth

FE Online Report 2018-04-15 19:03:52

Construction sector of the country is set to post double digit growth in the current fiscal year, FY18. Provisional estimation of the Bangladesh Bureau of Statistics (BBS) showed that the sector is s...

BD needs new drivers of growth: ADB

BD needs new drivers of growth: ADB

FE Online Report 2018-04-15 18:48:27

Contributions of exports and remittances to the economy, the two traditional growth drivers of Bangladesh, have weakened in recent years. Making the observation, Asian Development Bank (ADB) stressed...

DSE opens week with positive trend

DSE opens week with positive trend

FE Online Report 2018-04-15 12:13:31

The Dhaka bourse opened the Sunday’s session positively riding on some major sectors including the engineering. The DSEX, the prime index of Dhaka Stock Exchange (DSE), displayed a moderate ris...

Rat race on to push through new, unapproved projects

Rat race on to push through new, unapproved projects

FHM Humayan Kabir 2018-04-15 10:21:11

Ministries are racing hard to add their new, unapproved projects to the upcoming Annual Development Programme (ADP), majority of which insiders say are politically-motivated. Officials and insiders s...

Weekly analysis: Average turnover exceeds Tk 6.0 billion-mark on DSE

Weekly analysis: Average turnover exceeds Tk 6.0 billion-mark on DSE

Babul Barman 2018-04-15 10:19:44

The prime index of the Dhaka Stock Exchange (DSE) posted a moderate correction last week that ended Thursday, after witnessing the biggest single-week gain since its inception in January 2013. Market...

Govt borrows Tk 150b from domestic sources in July-Jan

Govt borrows Tk 150b from domestic sources in July-Jan

Jasim Uddin Haroon 2018-04-15 10:08:34

The government's overall domestic borrowing stood at Tk 150 billion during the July-January period of this fiscal year (FY), 2017-18, mainly due to lower demand for funds to meet its budget spending....

Govt plans Tk 10.0b project to develop small, cottage industries

Govt plans Tk 10.0b project to develop small, cottage industries

-- 2018-04-14 19:35:24

The government plans to implement a project involving Tk 10.0 billion for the development of small and cottage industries. Industries Minister Amir Hossain Amu came up with the statement on Saturday...

88pc of BD job depends on domestic final demand

88pc of BD job depends on domestic final demand

FE Online Report 2018-04-14 17:22:08

Around 88 per cent of the employment in Bangladesh is depended on the domestic final demand, according to an estimate of the Asian Development Bank (ADB). Again, only 8.0 per cent of the total job of...

12 listed companies to hold AGMs by April 30

12 listed companies to hold AGMs by April 30

FE Online Report 2018-04-14 14:03:13

Some 12 listed companies, including three banks, will hold Annual General Meetings (AGMs) between April 17 and April 30. The recommended dividends, audited financial statements of these companies for...

Monno Jute Stafflers share price hits all-time high

Monno Jute Stafflers share price hits all-time high

FE Online Report 2018-04-14 13:55:09

The share price of Monno Jute Stafflers is soaring without any price sensitive information (PSI) as the company dominated the gainers chart for the two consecutive weeks. Within 10 trading sessions,...

Beximco dominates week’s turnover chart on DSE   

Beximco dominates week’s turnover chart on DSE  

FE Online Report   2018-04-14 13:43:30

Bangladesh Export Import Company (Beximco) dominated the week’s turnover chart on the Dhaka Stock Exchange (DSE) last week, ending on Thursday. Market operators said the investors continued the...

Deficit financing up by 73pc in July-January

Deficit financing up by 73pc in July-January

FE Online Report 2018-04-14 13:27:19

Deficit financing of the country’s budget in the first seven months of the current fiscal year jumped by 73 per cent over the same period of the past fiscal year. Statistics available with Bang...

Panchagarh eyes 14,200 tonnes groundnut production

Panchagarh eyes 14,200 tonnes groundnut production

-- 2018-04-14 10:56:59

PANCHAGARH: Farmers are expecting a bumper groundnut production in all the five upazilas of Panchagarh district in the current season. Sources with the Department of Agriculture Extension (DAE) sai...

Current account deficit crosses $6.0b in July-Feb

Current account deficit crosses $6.0b in July-Feb

FE Online Report 2018-04-13 20:38:39

Country’s current account deficit crosses $6.0 billion in the first eight months of the current fiscal year (FY18). Latest statistics, released by Bangladesh Bank, showed that current account d...

Popular Life's share price soaring sans PSI

Popular Life's share price soaring sans PSI

FE Report 2018-04-13 10:40:09

The share price of Popular Life Insurance Company is soaring without any price sensitive information (PSI) as the stock price surged further by 9.39 per cent Thursday. In the last one month, the in...

Microcredit fails in cutting poverty, says Muhith

Microcredit fails in cutting poverty, says Muhith

FE Report 2018-04-13 10:38:14

Microcredit has failed to play any effective role in alleviating poverty from the society, said Finance Minister AMA Muhith on Thursday. But there is no denial of the fact that microcredit programme...

Advent Pharma's share price jumps 384pc in debut trading

Advent Pharma's share price jumps 384pc in debut trading

FE Report 2018-04-13 10:31:35

Advent Pharma made a flying trading debut Thursday, as its share prices jumped four-fold, mainly due to investors' irrational hype over the new issue. The animal healthcare drugs manufacturer's sha...

Forex reserve rises to $32.97b

Forex reserve rises to $32.97b

Siddique Islam 2018-04-13 10:20:36

Bangladesh Bank (BB) has included the asset, lying with International Monetary Fund (IMF) in the form of its currency-SDR (special drawing rights), in the country's foreign exchange reserve calculatio...

Government not to take new initiatives in election year

Government not to take new initiatives in election year

FE Online Report 2018-04-12 20:08:11

The government is unlikely to take any new initiative in the upcoming budget as it is election year, said Finance Minister AMA Muhith on Thursday. “It is not possible to take new initiatives in...

Bring online platforms under tax net for BD ads: HC

Bring online platforms under tax net for BD ads: HC

-- 2018-04-12 20:04:43

The High Court has ordered authorities concerned to collect tax from the revenues earned by international online platforms through Bangladeshi advertisements. The court mentioned search engines Googl...

PM opens Bheramara 410-MW Power Plant

PM opens Bheramara 410-MW Power Plant

-- 2018-04-12 15:26:09

Prime Minister Sheikh Hasina on Thursday opened Bheramara 410-MW Combined Cycle Power Plant and cent per cent electrification in 15 upazilas renewing her call to the people to be economical in using e...

Stocks renew slide on profit booking

Stocks renew slide on profit booking

FE Online Report 2018-04-12 15:10:51

Stocks witnessed yet another downbeat session Thursday, extending the losing streak for third straight session, as risk-averse investors booked profit on sector-wise stocks. Analysts said the market...

Stocks open on upbeat note

Stocks open on upbeat note

FE Online Report 2018-04-12 11:21:44

The prices of most of the shares on both bourses witnessed upward trend in early trading Thursday as investors are taking position on sector-wise stocks. Following the previous two days’ mode...

Modern Steel to hold IPO road show on Apr 22

Modern Steel to hold IPO road show on Apr 22

FE Report 2018-04-12 11:02:16

Modern Steel Mills Limited will hold a road show for eligible institutional investors on April 22 as the company plans to go public. The steels maker is set to raise Tk 2.0 billion from the capital m...

Popular Life’s share price soaring sans PSI

Popular Life’s share price soaring sans PSI

FE Online Report 2018-04-12 10:56:32

Share price of Popular Life Insurance Company Limited is soaring without any price sensitive information (PSI) as the company’s price surged further by 9.75 per cent Wednesday. In the last on...

Advent Pharma makes trading debut today

Advent Pharma makes trading debut today

FE Report 2018-04-12 10:47:07

Advent Pharma, an animal healthcare drugs manufacturer, makes its share trading debut today (Thursday) on the Dhaka and Chittagong Stock Exchanges under "N" category, officials said. The DSE tradin...

Development project execution rate at a standstill for years

Development project execution rate at a standstill for years

FHM Humayan Kabir 2018-04-12 09:49:26

The government's development project implementation capacity has not improved over the years, as the budget spending rate of its agencies is almost stagnant compared to the previous years, analysts sa...